New security law on Hong Kong spooks Asian markets
Market watchers see greater market volatility ahead, with sentiments largely dependent on the White House response
Singapore
OPTIMISM from the gradual reopening of global economies was shaken on Friday by news that the Chinese government plans to impose national security legislation on Hong Kong, sending regional markets into a tailspin.
A robust response can be expected from the United States after President Donald Trump said that his government would address the issue "very strongly" if the new security law is passed.
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